White House, DOT Tap John Porcari as Port Envoy to Address Supply Chain Issues
The White House and the U.S. Department of Transportation announced Aug. 27 that John Porcari will serve as port envoy to the administration’s Supply Chain Disruptions Task Force.
August 27, 2021Powell Says Fed on Track to Slow Aid for Economy Later This Year
WASHINGTON — The Federal Reserve will start dialing back its ultra-low-rate policies this year as long as hiring continues to improve, Chair Jerome Powell said Aug. 27, signaling the beginning of the end of the Fed’s extraordinary response to the pandemic recession.
August 27, 2021Illinois Gov. J.B. Pritzker Signs Transportation Asset Management Plan Into Law
Illinois Gov. Jay “J.B.” Pritzker has signed a law intended to improve transportation infrastructure while maximizing the effectiveness of taxpayer dollars.
August 27, 2021OPEC+ Expected to Stick to Planned Output Hike
OPEC and its allies are expected to press on with their planned revival of oil production when they meet next week, as prices bounce back from their August stumble.
August 27, 2021North Dakota DOT Develops Freight Plan
BISMARCK, N.D. — The North Dakota Department of Transportation is developing the State Freight & Rail Plan and has launched the project website.
August 27, 2021Consumer Spending Slows to 0.3% Gain in July
WASHINGTON — Growth in U.S. consumer spending slowed in July to a modest increase of 0.3% while inflation over the past 12 months rose to the fastest pace in three decades.
August 27, 2021FMCSA Medical Board Supports Vision Policy Changes
The Federal Motor Carrier Safety Administration has released a report from its medical review board on plans to tighten federal driver vision standards, but at the same time streamline the process to get qualified monocular drivers on the road quicker.
August 26, 2021Ontario, Michigan Partner to Explore Transportation Technologies
Government leaders in Ontario and Michigan have partnered to advance transportation and mobility technologies in a cross-border testing setting.
August 26, 2021Supply Chain Bottlenecks Likely to Endure, Experts Say
Stifling supply chain bottlenecks are likely to remain — and possibly worsen — in the months ahead as consumers follow back-to-school purchases with end-of-year holiday shopping, according to experts who spoke with Transport Topics.
August 26, 2021House Agrees to Infrastructure Bill Vote by Sept. 27
The U.S. House of Representatives scheduled consideration of a $1 trillion infrastructure measure by Sept. 27, a few days before funding authority for federal highway programs expires.
August 25, 2021